Resumen de PGGM synthetic sends message to regulators
The article reports that Dutch pension fund PGGM has finalized a risk-sharing agreement with banking firm Santander for synthetic securitization of 2.3 billion euros, as of February 2016. It notes that the deal allows PGGM to sell credit insurance against small- and medium-enterprise (SME) loans offered by Santander. It cites that synthetic securitization initiatives can help banks release capital and continue lending to SMEs.
